It doesn’t take much for a financial shortcoming to bring you down. For millions of Americans, a health crisis, a lost job, or an unforeseen loss can be the difference between making ends meet and insurmountable debt. If this sounds familiar, you’re not alone; in the U.S., over one million individuals file for bankruptcy each year. With these tips, you can improve your credit score after bankruptcy and take steps toward a healthy financial lifestyle. [Read more…]
Chapter 7 and Chapter 13 Bankruptcy Resources
Collection resources to help you understand the complex topics of chapter 7 and chapter 13 bankruptcy.
There’s nothing more stressful than receiving harassing phone calls and threatening letters in the mail from creditors. It’s bad enough as it is that you owe the debt to begin with. That’s stressful enough in-and-of it-self so the last thing you need is constant reminders to increase your stress and anxiety level, especially daily reminders.
The good news is that when you file for bankruptcy, all of those stressful phone calls and letters in the mail stop. And that’s thanks to the protection provided to you by the United States Bankruptcy Code.
You have put every penny you can spare toward your bills, yet nothing seems to pull you out of your debt dilemma. At this point, it may be worth considering one final option: filing for personal bankruptcy. As traumatic as this may seem, it enables many debtors to turn the corner and set themselves on a new (if lengthy) course toward a healthier financial future. The complexities of filing for bankruptcy can add an extra layer of intimidation to the process, but you should not let that deter you from doing what you need to do. To help you put your fears aside to focus on your debt-relief objectives, here’s a basic overview of what you can expect from the bankruptcy filing process.
Bankruptcy is a complex legal proceeding with plenty of pitfalls awaiting you if you try to navigate it on your own. In addition, filing bankruptcy has gotten more difficult over the past several years, and the rules change frequently. A bankruptcy attorney knows how to get you the result you want so you can pick up your life and move forward. [Read more…]